Downtown Manhattan Penthouse Sells for a Record $50.9 Million

The 5,955-square-foot, five-bedroom apartment takes up the entire 24th floor of Walker Tower, an Art Deco office building converted to condos.

Nico Arellano

A penthouse in Manhattan’s Chelsea neighborhood has closed for $50.9 million. According to listing agent Vickey Barron of Douglas Elliman, the deal sets a new record for the most expensive home sale downtown.

Called Penthouse One, the 5,955-square-foot, five-bedroom, 5½-bath apartment takes up the entire 24th floor of Walker Tower, an Art Deco office building converted to condos by JDS Development Group and Property Markets Group. It has a private south-facing terrace and floor-to-ceiling windows on all four sides, allowing views of the Statue of Liberty, the Chrysler Building and the Empire State Building, Ms. Barron said. The unit also has nearly 13-foot-high coffered ceilings and three wood-burning fireplaces.

The apartment was listed in September for $55 million, and went into contract less than a month later, according to Ms. Barron, who represented both the buyer and seller. The all-cash deal closed last week, added Elliott Joseph, a principal at Property Markets Group. Mr. Joseph and Ms. Barron said they could not disclose the identity of the buyer, but Ms. Barron said the purchaser “was in the penthouse less than five minutes and said ‘I’ll take it.’” According to city records, the largest prior sale south of 34th Street in Manhattan was a penthouse at 18 Gramercy Park South that sold for $42 million in August of 2013.